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Main Boards => PowWow => Topic started by: Ron Nepini on September 24, 2013, 06:38:00 AM

Title: Martin Archery
Post by: Ron Nepini on September 24, 2013, 06:38:00 AM
I heard that Martin Archery is going under, is that true??????
Title: Re: Martin Archery
Post by: tradarcher816 on September 24, 2013, 07:00:00 AM
Found this a while back

PRESS RELEASE

December 20, 2012, Walla Walla, WA:

Martin Archery is For Sale

The Martin family has decided to sell its sixty-two year old archery business. Gail Martin, the company's founder and President turns ninety next year and has decided to retire.

Martin Archery has been a major player and innovator in the archery business for many years making multiple contributions to the growth of the industry.

Gail Martin said "It's time! There are so many things I have wanted to do for many years and have reluctantly decided that running the business makes it impossible to do them. Whoever buys the business will get a slate of state-of-the-art bows and will inherit a rich tradition."

Any interested persons are encouraged to contact Martin Archery at 509-529-2554 ext. 911 or e-mail MartinArcheryInc@gmail.com.
Title: Re: Martin Archery
Post by: Cold Weather on September 24, 2013, 09:56:00 AM
that's old news.  the building is for sale.  all they have is scheduled for auction.  apparently they have found a tentative buyer, but if the deal falls through...

its pretty bad for them.
Title: Re: Martin Archery
Post by: Bear Heart on September 24, 2013, 10:29:00 AM
Search this and you will find that Gail has since passed away.
Title: Re: Martin Archery
Post by: WildmanSC on September 24, 2013, 11:42:00 AM
I saw a post by Larry Hatfield stating that the auction was for inventory only.  The facilities and manufacturing equipment are up for sale for I think he said $1.9 million.

Bill
Title: Re: Martin Archery
Post by: Ron Nepini on September 24, 2013, 04:04:00 PM
Sorry to hear that, they have been a great help in the archery trade.
Title: Re: Martin Archery
Post by: mark land on September 24, 2013, 04:06:00 PM
There is news on a new investment company that is trying to close a deal and prevent the company from going under and resurrect it, but they are still fighting with it.
Title: Re: Martin Archery
Post by: elkken on September 24, 2013, 04:08:00 PM
The auction was to be in late Sept but now it is shown to be Nov.
Title: Re: Martin Archery
Post by: jmrsyrs on September 24, 2013, 08:44:00 PM
Really hate to see Martin go under - owned many of their bows through the years and still do own a Dreamcatcher I'll never part with.